Plan Ledger DOL Form 5500 · updated monthly

Appleseed Community Mental Health Center, Inc.401(k)

403(B) THRIFT PLAN OF APPLESEED COMMUNITY MENTAL HEALTH CENTER, INC. · ASHLAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.69%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Appleseed Community Mental Health Center, Inc. reported $27,637 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $962 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.01% to 0.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (2,648th of 3,295), and 8,388th of 11,911 in health care & social assistance. In 2024, employees put in $2.14 for every $1.00 the employer contributed; active participation has grown from 117 to 134 since 2022.

Plan summary
Net assets, end of year$4,231,587
Participants with balances147
Active participants134
Employer contributions$128,914
Employee contributions$275,807
Employer contribution per active participant$962
Average account balance$28,786
Benefits paid to participants$341,928
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.2M · 147 accts · $129K emplr
2023$3.8M · 124 accts · $52K emplr
2022$3.2M · 135 accts · $45K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,637
Total administrative$27,637
The Appleseed Community Mental Health Center, Inc. 401(k) match · 2024
Employer contribution per active participant$962
Median for plans this size$1,313
2024$962 per active participant
2023$492 per active participant
2022$384 per active participant

Appleseed Community Mental Health Center, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
JULY BUSINESS SERVICES LLC · Recordkeeping$25,545
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024July Business Services, Mutual of America
2023Mutual of America

This plan has changed recordkeepers within these filings. If you left Appleseed Community Mental Health Center, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$27,637 · 0.69%
2023$1,384 · 0.04%
2022$312 · 0.01%
Similar plansHealth Care & Social Assistance · Ohio
Hillandale Communities OH$4.3M · 1.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341680201 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.